Adtran Networks SE (ETR:ADV – Get Free Report) shares fell 0.1% during midday trading on Friday. The company traded as low as €19.76 ($21.25) and was last seen at €19.78 ($21.27). About 8,040 shares traded hands during trading, a 97% decline from the average daily volume of 238,171 shares. The stock had previously closed at €19.80 ($21.29).
Adtran Networks shares fell 0.1%
The company has a market cap of $1.03 billion, a price to earnings ratio of -70.64, a PEG ratio of 0.71 and a beta of 0.51. The company has a 50-day moving average price of €19.92 and a 200-day moving average price of €19.98. The company has a debt-to-equity ratio of 11.67, a current ratio of 2.46 and a quick ratio of 0.73.
About Adtran Networks
(Get free report)
Adtran Networks SE is engaged in the development, manufacture and sale of optical and Ethernet-based network solutions for telecommunications providers and enterprises to provide data, storage, voice and video services. The company offers open optical transport solutions such as FSP 3000 Open Terminals, FSP 3000 Open Line Systems and pluggables and subsystems, solutions for securing the network infrastructure, fiber optic access and aggregation solutions, and residential solutions such as optical network terminals, mesh WLAN gateways and satellites, and cloud-managed WLAN solutions.
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